5 Pellville StHawesvilleKY42348
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeInvestors who treat current yield as secondary to long-run equity growth will find 5 Pellville St, Hawesville, KY, 42348 in Hawesville worth modelling. At $159,900 with a 8.55% gross yield, the $1,114/mo rent leaves $166/mo after the $719/mo payment, sufficient to cover costs, modest in distribution. Ziffy Mortgage's 1.55 DSCR loan can finance the acquisition without personal income documentation. Appreciation of 5%/yr is projected to add $44,177 by year five; $1,473/yr in principal reduction adds further equity. Total projected return: $69,643.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.6% | 7.0% |
| Monthly Cash Flow | $166 | $350 |
City averages based on Hawesville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,114 |
| Total Monthly Debt Service | $910 |
| DSCR Ratio | 1.22x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in N/A
9,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42348, Hawesville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,048 (100%) |
| Owner Occupied HU | 1,509 (73.7%) |
| Renter Occupied HU | 341 (16.7%) |
| Vacant Housing Units | 198 ( 9.7%) |
| Median Home Value | $150,354 |
| Average Home Value | $173,193 |
Housing Distribution
Address Breakdown
Residential
1,852
Single Family
1,852
Multi-Family
0
Businesses
116
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Single Family
Built in N/A
9,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 42348, Hawesville, KY area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,048 (100%) |
| Owner Occupied HU | 1,509 (73.7%) |
| Renter Occupied HU | 341 (16.7%) |
| Vacant Housing Units | 198 ( 9.7%) |
| Median Home Value | $150,354 |
| Average Home Value | $173,193 |
Housing Distribution
Address Breakdown
Residential
1,852
Single Family
1,852
Multi-Family
0
Businesses
116
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Justin W Nugent • RE/MAX REAL ESTATE EXECUTIVES
Mls Name: Greater Owensboro Realtor Association
Mls Provider:
Mls ID: #91936
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.